D.A. Davidson & CO. Lowers Stock Position in Vodafone Group Public Limited (NASDAQ:VOD)

D.A. Davidson & CO. lessened its holdings in Vodafone Group Public Limited (NASDAQ:VOD) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 159,654 shares of the cell phone carrier’s stock after selling 6,395 shares during the period. D.A. Davidson & CO.’s holdings in Vodafone Group Public were worth $1,355,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. CENTRAL TRUST Co lifted its position in shares of Vodafone Group Public by 37.8% in the 3rd quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock worth $55,000 after purchasing an additional 1,513 shares during the period. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Vodafone Group Public by 627.3% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,651 shares of the cell phone carrier’s stock worth $97,000 after acquiring an additional 8,324 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Vodafone Group Public during the 3rd quarter worth approximately $101,000. Entropy Technologies LP bought a new position in shares of Vodafone Group Public during the 4th quarter worth approximately $110,000. Finally, Ingalls & Snyder LLC bought a new position in shares of Vodafone Group Public during the 4th quarter worth approximately $121,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Up 1.2 %

Shares of Vodafone Group Public stock opened at $8.36 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. Vodafone Group Public Limited has a 12-month low of $8.00 and a 12-month high of $10.39. The firm’s 50 day simple moving average is $8.42 and its two-hundred day simple moving average is $9.12.

Wall Street Analyst Weigh In

Several research analysts recently commented on VOD shares. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Wednesday. The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.